Naive Allocation
A heuristic where individuals evenly distribute resources across all options, regardless of their specific needs or potential.
12 topics found for
“observational learning”
Multiple Regression
A statistical technique that uses several explanatory variables to predict the outcome of a response variable, extending simple linear regression to include multiple input variables.
Logistic Regression
A statistical method used to predict a binary outcome based on prior observations, modeling the probability of an event as a function of independent variables.